Tax 1 Personal

Credits:
4
Substitutes:

In this course, students will acquire a basic working knowledge of the Canadian Income Tax System.  The students will become familiar with theoretical concepts and technical rules in the Income Tax Act, specifically those applicable to individual taxpayers, and learn to apply them to the determination of net and taxable income and to the calculation of income taxes payable.  Students will use the knowledge acquired to prepare a personal income tax return using tax software.